#ArtOfTheDeal PHASE ONE
US wanted
1) Lower US/China trade deficit
2) IP theft/forced tech trasnfer resolution framework
3) enforcement mechanismUS gets
1) assurances to buy US ags
2) soft hints towards IP protection
3) no codified enforcementChina gets:
Reprieve on tariffs— Yogi Chan (@Yogi_Chan) November 5, 2019
$360B in tariffs dropped for $20B in ag purchases? Really?
Now $360B >>#China Wants U.S. to Drop Tariffs on $360 Billion of Imports for Trade Deal
Negotiators asked to eliminate tariffs on about $110B in goods that were imposed in Sept and lower the 25% tariff rate on about $250B that began last yearhttps://t.co/CsLNCvvRLJ pic.twitter.com/kgzxQJwHOX
— 𝕮𝖍𝖎 🛢️ (@chigrl) November 5, 2019